Question
Calculate the geometric (average) return over the 5-year investment period. Year Price 0 19 1 22 2 20 3 23 4 25 5 19 Round
Calculate the geometric (average) return over the 5-year investment period.
| Year | Price |
| 0 | 19 |
| 1 | 22 |
| 2 | 20 |
| 3 | 23 |
| 4 | 25 |
| 5 | 19 |
Round your answer to 4 decimal places. For example, if your answer is 3.205%, then please write down 0.0321.
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Contemporary Financial Management Fundamentals
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
1st Edition
0324015771, 9780324015775
